An FHA Loan Can Get You a Home

So-So or No Credit? No Cash? An FHA Loan Can Get You a Home If you've never owned a home before, FHA loans offer a great way to break into the housing market. They're federally insured mortgages with easier requirements than conventional home loans. "The secret sauce, the magic ingredient, behind the FHA program is … Continue reading An FHA Loan Can Get You a Home

Don’t Get Scared as Rates Rise Slightly

Mortgage rates throttle higher, but relief lies ahead So far this year, the 30-year fixed is still averaging 4.42%, down from 4.54% in 2018 Rates for home loans rose slightly, squelching borrower enthusiasm even as the long-term outlook for rates remained upbeat for buyers. The 30-year fixed-rate mortgage averaged 4.41% in the March 7 week, … Continue reading Don’t Get Scared as Rates Rise Slightly

Get Pre-Approved for a mortgage today, trust me

Why You Should Get Pre-Approved for a Mortgage   What is mortgage pre-approval and how can it help you to get the house of your dreams? Find out the answer here. Image Credit: Getty Images If you're shopping for a home, one of the first things you should do is go to the bank to … Continue reading Get Pre-Approved for a mortgage today, trust me

What Mortgage Rates are anticipated to do

Thank you #Marketwatch I wonder how this will shape out next year at this time. Whose prediction will win?! http://ow.ly/7jMg30n1mN5 http://ow.ly/i/KatDQ

5% Interest Rates

U.S. housing market faces '5-percent' test NEW YORK (Reuters) - The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years. Even as home prices have climbed steadily thanks largely to a … Continue reading 5% Interest Rates

Mortgage Rates are Rising

~ Mortgage Rates are rising again, the decade of the past with historically low rates is coming to an end. If you are looking to buy don't hesitate!! If you have any questions give me a call. Need a lender to speak to, give me a call! ~ Mortgage rates hit a seven-and-a-half-year high as … Continue reading Mortgage Rates are Rising

Pay Off Two Mortgages in Only 15 Years

How I Aggressively Paid Off Two Mortgages in Only 15 Years (Image credit: PM Images/Getty Images) After watching our parents retire and still have to make mortgage payments on a fixed income, my husband and I decided we would do whatever to prevent that for ourselves. So we approached our mortgages with aggressive and out-of-the-box … Continue reading Pay Off Two Mortgages in Only 15 Years

Navigating the Mortgage Ecosystem

Navigating the Mortgage Ecosystem Editor's Note: This story was originally featured in the March issue of MReport, out now. Thirty years ago, mortgage origination was a simple process. An application was taken at the local savings and loan branch, documents were prepared within 48 hours, sent to a title company with a note to close, … Continue reading Navigating the Mortgage Ecosystem

A Tale of Two Decades

~ I think this is a really good outline of the last 10 years, hopefully you find it helpful. Let me know if you have any questions! ~ A Tale of Two Decades   From a macroeconomic perspective, the mortgage market entering 2008 was in tatters. The collapse of the subprime and the Alt-A markets, … Continue reading A Tale of Two Decades

Mortgage Credit Availability Declined in December

~don't fret! I have more than a few lenders with awesome programs for you! Give me a call 951.653.6872 and I can help~ Mortgage Credit Availability Declined in December The Mortgage Credit Availability Index (MCAI), a monthly report that measures the credit standards of lenders, declined 1.8 percent in December to 179.2 according to data … Continue reading Mortgage Credit Availability Declined in December